Latest Awilco Offshore Stories

2011-02-11 07:15:00

SHANGHAI, Feb. 11, 2011 /PRNewswire-Asia/ -- According to the statistics, companies will participate in this event such as CNOOC, CNPC Offshore Engineering Co., Ltd, Sinopec International Petroleum Exploration and Production Corporation, Shanghai Offshore Oil & Gas Company, Sinopec, Strategic Research Center of, Oil & Gas Resources, Ministry of Land and Resources P.R.C, KUFPEC--Ali D. Al-Shammari, Deputy Managing Director, Abu Dhabi Marine Operating Company, Roc Oil--Ron Morris,...

2008-10-14 09:00:39

Awilco Offshore, through Premium Drilling, has received a letter of intent from the China National Offshore Oil Corporation for a two-year drilling program for the WilSeeker and the WilBoss jack-up drilling rigs. According to the letter of intent (LoI), the WilSeeker is scheduled to commence operation upon completion of its current operational preparation. The WilBoss is scheduled to commence operation upon completion of its work with Nido. The China National Offshore Oil Corporation...

2008-07-08 06:00:32

The largest Chinese offshore oil services group agreed Monday to buy a Norwegian competitor, Awilco Offshore, for around $2.5 billion, as it seeks to increase its drilling capacity and expand its business overseas. China Oilfield Services, an arm of the Chinese oil producer Cnooc, will pay 85 kroner, or $17, per share for Awilco in what will be one of the largest cross-border acquisitions by a Chinese company in the oil and gas sector, according to Thomson Reuters. The price is an 18.7...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.